NOVA SCOTIA POWER INC. APPROVES PREFERRED SHARE QUARTERLY DIVIDENDS

TSX:   NSI.PR.D

HALIFAX, Feb. 9 /CNW/ - On February 9, 2011 the Board of Directors of Nova Scotia Power Inc. approved a quarterly dividend of $0.36875 per Nova Scotia Power Incorporated Series D First Preferred Share for the quarter ending March 31, 2011 payable on and after April 15, 2011 to Series D preferred shareholders of record April 1, 2011.

Pursuant to the Income Tax Act (Canada) and corresponding provincial legislation, Nova Scotia Power Inc. hereby notifies its Series D preferred shareholders that such dividends declared qualify as eligible dividends.

About Nova Scotia Power

Nova Scotia Power Inc. is the largest wholly-owned subsidiary of Emera Inc. (TSX-EMA and EMA.PR.A), a diversified energy and services company. Nova Scotia Power provides more than 95% of generation, transmission, and distribution of electrical power to 486,000 customers in the province.  The Company is focused on new technologies to enhance customer service and reliability, reduce emissions and add renewable energy.  Nova Scotia Power has 1,900 employees and $3.5 billion in assets. Nova Scotia Power Inc. preferred shares are traded on the Toronto Stock Exchange under the symbol NSI.PR.D.

SOURCE Nova Scotia Power Inc.

For further information:

Nancy Tower, Senior Vice-President and Chief Financial Officer (902) 428-6991 or Jennifer Nicholson, Senior Director Stakeholder Relations (902) 428-6347.

Profil de l'entreprise

Nova Scotia Power Inc.

Renseignements sur cet organisme


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.